2012-09-25
2012-10-03
x greece
x obama

STATION
CNBC 10
CNN 10
CNNW 10
CSPAN 7
KQED (PBS) 4
KRCB (PBS) 4
MSNBCW 4
MSNBC 3
KQEH (KQED Plus) 2
WETA 2
WMPT (PBS) 2
KTVU (FOX) 1
LANGUAGE
English 75

Set Clip Length:


demand for energy out there. not only here, but in the world. so i'm just hoping that the stocks can hold on to their gains by keying off better housing numbers, which won't help oil but could certainly add to equities. i think the equities are going to have a hard time ignoring what the oil seems to be signaling. >> all right. we'll leave it there. thanks for your insight. leave it here. we have more on the oil slide on this busy wednesday edition of the "closing bell." >>> oil continues its slide but boone pickens says that's all the more reason to focus on natural gas. we'll find out why he thinks that's the way of the future and the auto industry. >>> then, he wants to know why no one on wall street is in handcuffs yet over the financial crisis. find out exactly which ceos he blames and what he says the department of justice needs to do right now to punish them. >>> plus, home builders are soaring but short sellers are hot on their trail. we're bringing in experts to look at the state of the recovery and which side of the housing trade you should be on. it's all coming up on the "clos

, for energy. how about an oil-rich country like iran need that kind of energy? >> greg: he tried to contact dimi but he is not on yahoo. what can we do? what does america do? i say the nuclear option. send iran another videotape message from obama. i know! it's extreme. but it's the only kind of message they understand. >> remember when president obama said he would sit down with him, bob? remember that? i'll sit down, we eke talk, we'll chat. how has that worked out? >> bob: i want to point out that netanyahu has tried to get the allies, israel allies around the world to underscore this red line. not one of them has come forward. the reason they haven't and the reason he is going public now, he is under political pressure back home from the party and the religious parties. they want to get their allies out in front of the red line. the red line is dangerous. while, by the way, the sanctions are working and crippling tehran -- iran. >> andrea: but crippling them economically. we have seen a decline in their oil and four rounds of sanctions. but it hasn't slowed down the weapons process. >>

of people have been giving him advice saying the issue he should be grabbing is energy and that north dakota is the great example. 3% unemployment. those are numbers tlsh there's full employment. that's 5%. at 3% you're overflowing when it comes to jobs all because of fracking and energy. is that a fair assessment? what's going on? >> chuck, i like this question. i've been on energy for a long time both as governor and now as senator. it's not just about energy. 's about the economy and getting the economy growing. it gueets us on top of the national debt and security. look what's going on in the middle east. you're going to see him out there talking more about energy. >> you think he should be doing it more, talking about it in places like ohio and other places that are also wants to get into the fracking game. >> it is part of what he talks about as he's out there on the stump. i think you're going don't to see more. and i think it's right on the money. >> let me ask you to play north dakota political pundit. here you have north dakota, the economy is doing great. isn't that making it's fo

nor deny whether it has nuclear weapons. iran allows inspections by the international atomic energy agency, but has denied the iaea access to its military site where the agency believes iran is developing nuclear triggers. israel has never allowed the iaea to inspect its nuclear facility in the desert. that facility near a town called damona came under suspicion nearly 25 years ago, when a nuclear technician there leaked photos and inside information to the sunday times. that information prompted analysts back then to estimate israel had already amassed 200 nuclear warheads. iran has signed the nuclear nonproliferation treaty, but has been censured for failing to curb its uranium enrichment. israel for its part has refused to sign the treaty. israel's leaders say one of the most glaring differences between israel and iran on the nuclear issue is the language their leaders use. >> we don't call for anyone's annihilation. we don't foster terrorism. we don't threaten to obliterate countries with nuclear weapons, but we are threatened by these threats. >> reporter: iran has never threat

and higher wages through my plan an there are a few things like energy policy and making the case for tax reform. he's made it much, much harder for himself than he should have. >> go ahead. >> it's a little hard for mitt romney to talk about what he is going to do on health care when he said he is going to repeal all of the affordable care act then say i'm going to keep some parts of it. so again, it's sort of like dude, exactly what are you trying to do here? i think the difference between george w. bush, he ran as a compassionate conservative and he had his conservative base locked up. romney's dealing with people whobds we're not really trusting you. if you're the obama campaign, what jim messina should do, he should play the video of alec baldwin and glenn ross saying always be closing. the one thing you cannot understand, a poll's a poll. folks have not cast any ballots, so the obama campaign should stay aggressive. stay absolutely aggressive because if you just sit back a little bit, you could cause this race to narrow. that's the last thing they want. >> thanks very much to both o

the tax code. we need to reduce energy costs. we need to help small businesses to create those opportunities. >> senator kerrey, you have 30 seconds. >> senator fischer signed a pledge that would require you should pay the same taxes employees pay. under your balanced budget, unemployment would double. i have examined the amendment, and it would double unemployment. >> i disagree. with regard to the buffet rule, if you are going to tax every millionaire, that can run the government for 17 hours. let's look for businesses to create jobs and make opportunities in the state, and we can do it by reducing regulations, by having an energy plan, by repealing "obamacare." >> the next question. >> a question in this cycle is, are we better at today than we were four years ago? are we? >> no, we are not better off with our economy, with our position in the world. we have seen a failure in leadership with this administration and with congress that is locked in gridlock. we need to send leaders to washington who will make tough decisions. i have shown you that i have been effective in nebr

protecting your identity. call 1-800-lifelock or go to lifelock.com today. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. >> these are tough times, even for families with jobs. i know what it takes to get this economy going again. i care about the people of america and the difference between me and president obama, is i know what to do and i will do what it takes to get this economy going. [applause] martha: on the campaign trail that was governor mitt romney in the buckeye state where he is expected to be spending a quite a bit of time over next couple of weeks. his campaign insists they're confident about victory in ohio, which of course is probably the most important swing state, despite recent polls show president obama is in the lead there and this is a quote from the romney campaig

is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>shepard: airlines are making billions off of our baggage. there is a new report that warns the extra fees are going to get worse. according to the transportation department, airlines pulled in close to $2 billion in luggage fees during the first half of this year. they are not just getting you for checked bags but certain carriers, including spirit, charge for carry on on luggage. in spirit it will be $100 if you pay at the gate just to carry your own bag. they ought to carry it for you for that. depending on the airline you could pay more to change your flight. if you want a window or aisle seat, you may have to pay to print your boarding pass at the airport. good grief! the

energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. >>> a legendary extreme skier escaped death when an ave learn hit. he talks about terror on the mountain. two friends still missing, how he survived when we continue. >>> iran's president once again called for a new world order today one not dominated for western powers. >> translator: the

, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real ss. trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> good morning, and welcome back to sidewalk squawk here on cnbc. it is -- is it okay? >> no, please don't. >> it's almost 6:30 on the east coast. i'm joe kernen along with becky quick. our top story are the global markets. u.s. equity futures after a selloff yesterday are getting back about 17 poin

's national resources, bringing energy jobs online and putting people back to work and expecting the president to hit him on other things. >> one thing, though, ron, the obama campaign said, though, if romney loses ohio it is likely game over. is there a sense that the republican campaign is feeling that pressure? >> reporter: yeah. i think they're acknowledging they're behind. they don't believe it's game over and no republican president ever has gotten to the white house without taking ohio and even though he's behind, campaign insiders saying that their internal polling is much closer race than the public polls and will leave them where they are. they think they have a fight in ohio on their hands. >> ron mott reporting. now christin welker in bowling green. >> reporter: good afternoon to you. president obama just wrapped up his speech at bowling green state university. he spoke before a pretty excited crowd of more than 5,000 people. heard you talking about the importance of ohio. this is president obama's 13th trip to ohio just this year. so that gives you a sense of just how important it

, but i've got to tell you, we got a growth plan including the tax cuts at the energy plan, the trade, we're talking $12 million over ten years. it's a powerful plan. and the governor's message and including the tax reform piece of it that's going to lower the transaction costs of the code and contribute to growth. and the message is received. he will continue doing all that. but he's going to talk about -- >> i'm not a happy camper. i'm not a happy camper. >> it's half your value, larry. >> it's not about you, but you know my views. anyway, thank you. i'm sorry i interrupted. i know you worked hard to get on the set and help us tonight. i totally apologize for my interruption. >> not at all. >> jim talent, and now a senior economic adviser with the romney campaign. i thank you. i thank you. >> thank you, larry. >> let's get reaction from our panel who i hope heard that little discussion. ed rendell is back, former dnc chairman, former pennsylvania governor. american enterprise institute fellow, former george w. bush speech writer. ed rendell, if i may, you must have loved hearing that. m

've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp. we're working to fuel america for generations to come. today, our commitment to the gulf, and to america, has never been stronger. looking back, it's amazing how far i've come. shriners hospitals have everything to do with that. i was in an accident. i was burned. i lost my hands, my feet. i really thought my life was over. shriners did a lot more than just heal me. they helped me put my whole life back together. caitlin's life is one of nearly a million changed by donations from people like you. send your love to the rescue. donate today. no you don't, honey. yes, you do! don't! i've washed a few cupcake tins in my d

to senokot-s.com for savings. of occasional constipation. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> time for the ridiculist. there is a new way to go overboard with kid's birthday parties because let's face it the usual birthday party father is burned out. >> you have had the chuck e cheese, clown party, the bounce house party. >> i'm familiar with clowns. i have heard of chuck e. cheese. that's vegas for kids. but what is a bouncy house party? and how can i go about get ing invited to one. i have been to pool parties but who wants to go to another pool party, yawn. >> when you say you will have a pool party, that's nice. but we will have a pool party with an alligator everybody comes. >> that can't be

, but -- let's take the energy sector. it is an example where you already have ferc, and it has its regulatory authorities, some of which already touched on cyber. when we do a deep dive, we are looking at what is already happening in that project interceptor. >> and you look at it is any good? >> yes, to make sure the sector it is as secure as possible. >> is it going to be a new executive order or an expansion on existing directives? >> i do not want to go into detail here, but i would say that it is in the format of a new order. >> you are still hopeful about legislation? >> we have to. the executive can only do so much. the decision does me to the address. one of the benefits of the debate in congress this past spring and summer was there was a lack of basic cyber awareness in the congress, and what this means and what the security for our abilities of the country really are, i testified several times and said we deal with threats emanating from all over the world, all types, but the two we see most often are aviation and cyber. cyber has been on a growth curve like this. congress is now m

in energy, food. >> absolutely right. and what's critical is that everybody now believes there will be some extra inflationary pressure in the system and that's extremely good news. luckily i think the risks are off the table and one can be supportive of equities in terms of higher valuations until inflation gets in excess of 4 percentage points, at which point people begin to worry about what will happen to the quality of earnings. >> the key thing here is the corporate take of gdp has never been at such a high level versus -- and wage earners take gdp as a pretty low level on a historical basis. i suppose the question is that going to remain or is there anything that will tip the employee share back? at which point things will change. >> you're right, it's pivotal to the levels and whether they can be maintained. there are two factors that allow me to feel more confident. first is the government policies are pro recovery coming from corporate as opposed to try and get workers to have higher incomes workers themselves don't have price impact power in the marketplace. global trend is still

carolina company that makes energy efficient lighting. that is all guy but you realize we it opened an l.e.d. light manufacturing plant in china. what do you make of that? >>guest: it is really unseemly for the president to engage in protectionist rhetoric when you consider that a fourth of our exports from america are associated with the overseas investment of american taxpayers. we also get trillions of foreign investment in the united states that supports millions of jobs. this is something we should be welcoming except, and this is the key, what mitt romney does with his money is his business. what obama does with our money is all of our business. the fact that we squandered billions on a stimulus that didn't work and the tact that some of it went to china, i don't think the fact it went to china is nearly as important as we flushed a trillion dollars down the drain and made our economy worse by making government bigger. >>neil: i have in problem with the multinational nature our company, our country and companies, doing business with china, getting money from china, we invest back-a

in the u.s. economy his year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real thin... for real. ...that make a real difference. ♪ >> brian: headlines now, occupy wall street protester off to prison for two years for having a gun at a new york demonstration. joshua fellows told police he had the gun because he was, quote, went with his look. good answer. is there a second one to choose from? a pennsylvania school apologizing for their half time show commemorating the russian revolution. the school says they dropped the st. petersburg theme and they will no longer use hammers and sickles. good decision. gretch? >> gretchen: thank you, brian. in the new movie that's coming out this weekend "won't back down," two moms joined forces to take on their children's failing schools. >> you need to fix adams and we need to fix it yesterday. [ cheers and applause ] >> last night, seven out of ten kids who left can barely read. there are people out there designing and building prisons and those people are looking at our schools and they're figu

to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... i i had pain in my abdomen...g. it just wouldn't go away. i was spotting, but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical, ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. >>> governor mitt romney speaking at a huge rally actually. very excited crowd in westerville, ohio, near

've tried to do -- to not do that, get the energy of young conservative hero paul ryan, with -- and then distance themselves from the things that make him a conservative hero, seems whack a doodle. why not put rob portman on the ticket as people thought they were going to do from the beginning. >> with the other piece of sound demonstrates mitt romney feels like he's getting upstaged by paul ryan in terms of the love out there, which i think is emasculating to say the least, hugo. in the long scheme of this, after this is all said and done, if mitt romney doesn't win this race, is the ryan brand damaged or is it intact? >> i think it's obviously too soon to tell that. i doubt it will be severely damaged but i think, you know, for me, i think there is that initial awkwardness right after he sort of tapped him and then comes to the convention, i was expecting here's the great synthesis, worked this out, ryan's speech will lay it out, see where the romney/ryan roads meet and we're going to -- i expected that would really be the pretty big sort of new starting point for the

to teach. they have so much just native energy and enthusiasm about the world around them. they live in such a media-rich and digitally-rich and experience-rich environment now that it's-- it's made my job in some ways easier because what they bring into the classroom is really complex and interesting and it's my job to kind of harness that energy and that enthusiasm and direct it toward the things that i need them to learn as far as being 21st century communicators and thinkers and problem solvers. >> suarez: you often hear that teachers can tell who's going to have trouble in high school early on. in the earlier grades. do you agree with that? and is there anything else teachers can be doing in those early grades to help those kids out? >> i think what-- the best teachers are are seekers. we are given a family's child to teach. we're given their most precious resource, their child. and our job is to send them out better than when they walk through the door. and better doesn't necessarily mean that they can ace a standardized test. better means that i have seen deep within each chil

year. >> well, it won't be finished next year. let me more specific, the international atomic energy agency in its report last month said that iran has produced 189 kilramsf this meum enriched uranium, the 20%. over half of that is already in the process of being converted to fuel planes for the tehran research reactor. so they have only about 91 kilograms right now, which is less than half of what you'd need even if you went to the additional step of 90% enrichment, which they are not doing. >> woodruff: so you're saying it's not as close as what he describes. robert satloff, how did you hear that? >> i heard it somewhat differently because what paul's comments don't incorporate are, a fenway park sill tease of which we're not aware. b, an increase in the nmber of centrifuges that would increase the amount produced and, c, the possibility that iran uses more advanced centrifuges between now and some future date that would make more product more quickly. >> woodruff: so you're saying there's more capacity there than what is known? >> well, i don't know any secrets but i'm saying even

dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> much more ahead on the second hour of "starting point." mitt romney losing ground in three key battleground states and in some cases by double digits. what does the campai

.29. but the pressure on energy has come as a big surprise and it has been fairly relentless. also the ten year note if you take a look this morning, you'll see the yield at 1.64%. the dollar is a mixed picture. it is stronger against the euro, though. down against the yen. euro trading at 1.2056. and gold prices very quickly you'll see they're bupup about $4.10. >> even google, a birthday cake comes up. >> what? >> did you see this? >> you, there it is. >> this comes up as a birthday cake because it's google's 14th birthday. but they can always go to google on their birthday and think that it's all about them. >> that's great. >> can you see the future, though, as we were all sitting in cars all going the same mf-no we're all going the same speed, you look -- everybody's in the same formation. and at lunch they sefsht michelle obama lunch, you get like one asparagus and one sprout, no big gulps. 15.9 ounces of a coke. that is our future. i just saw it. and i don't like it. >> phil is defending it, he said you can take control at anytime, but you don't have to just sit in the car, you can -- >> did

so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america. bp supports nearly two-hundred-fifty thousand jobs in communities across the country. we hired three thousand people just last year. bp invests more in america than in any other country. in fact, over the last five years, no other energy company has invested more in the us than bp. we're working to fuel america for generations to come. today, our commitment to the gulf, and to america, has never been stronger. >>> our guest host craig barrett, former chairman and ceo of intel. it's really good to have you. this is like twice in the last three weeks you've been on, isn't it? >> it's a pleasure to be with you guys. >> we'll talk tech, first of all, do you feel total, do you feel like a generation wire? are you totally insync with everything in technology now or do you harbor any resentment to all this new stuff, craig, having been at intel in the glory days? >> hey the beauty of tech is everything changes every year or every six months and t

of a poorly functioning financial sector. worryingly, the energy to implement the reforms that have been agreed as well as other reforms that we need are fading in little bit. and i am often asked and i am sure the some of the central bankers and providers are asked the same question. are we now better off than five years ago? probably so. are we out of the loop? do we have everything we need in terms of assistance, in terms of detecting the systems? most people, supervisors in particular, and certainly the imf would say not yet despite major progress. i know all of these seem a little bit bleak. but let me assure you that we have not overlooked the reaction to recent policy announcements. and those are strong and good positive reactions. but we have seen positive market response of before that turned out to be short-lived. this time, what we need is not bounce.balance we need a sustained rebound. to be different, we need certainty more than uncertainty and we need decision makers to turn into action takers. it will require courage and the ability to rise above the short- term agenda of

create a green tech sent. >> he one of the suggestions i've had is bring chevron energy solutions to richmond. so they are not only making petroleum products here but they are making renewable energy product the all in the same city. it would be great for richmond. >>> the city council is expected to make a formal request tomorrow. chevron says it is not able to make a long-term investment until approval. >>> pg&e crews, they want to warn people in redwood city, you may smell a natural gas odor today. they will be venting natural gas early in the afternoon. it's part of the pipeline safety enhancement program. depending upon the weather, if you live nearby or happen to be nearby, you may smell natural gas. >>> 8:51. hundred of thousands of -- hundred of thousands of young illegals will be signing for up for drivers' licenses. governor brown is making them eligible but only if they sign up for a federal work program. supporters of the new lay saw california streets will be safer for everyone when all drivers have licenses. the governor vetoed legislation that would have made domest

picture is the department of energy. their inventory, if you look at at the tall stocks for the five-year seasonal average, is sitting right around 370 million barrels. that's their inventory. the five-year seasonal average is down about 325, so we're 10% over. remember last week we had a build of 8.5 million barrels. this week we're expecting a build of two million. if you see in about an hour when oil prices and the d.o.e. releases their stocks, you'll probably see oil take that next leg lower. >> let's switch gears and talk about gold as well as silver, for that matter. silver has been handily outpacing gold this year, so i'm wondering if traders are seeing the silver trade having more upside. granted, it's a less liquid market. but maybe going into the final quarter of the year, that's the bet that's in place. >> the silver trade has rallied about 20% in the last two months. it is technically an industrial metal. it has gotten a boost because of the qe hype. traders are thinking that that's the cheap metal to get into, but with prices up at 33.5, i think that they're a little bit

, energy. we need to get the wheels turning. i'm proud of that. making real thin... for real. ...that make a real difference. ♪ >>neil: our upcoming debate coverage is all the buzz in hole booed. now tom and billy are involved. >> the best it has ever before. >> without studio notes. >> he is so prepared. so prepared. he comes with such a good attitude. >>neil: just doing my job. we all come prepared in our coverage and it begins next wednesday with the first presidential debate at 4:00 p.m. eastern on fox all the way through midnight on fox business network where you will catch the best political coverage married with the top financial players from all over the planet. what 90 said with some of the top business leaders, their take on all of that. a lot of the financial networks say it is a consequence queen shell election and they are running tupperware commercials. we on this. we mean it when we say it, it's your money. it's your life. it is important. it is important to us. >> forget me, have you heard this? before iran employees up the world the united nations wanted to hit up the wo

? >> i thought the convention was fantastic. but the there was an energy on the ground. in terms of what i have learned and experienced in the last year-and-a-half, it truly has been -- the biggest thing in terms of our primary is that it was really a testament to the grassroots. in any other cycle, what happened in the republican primary could not have happened. in any ordinary year, the should have been a very easy lay down. we were out-spent three-one. when we started, i was a 2%. >> the primaries back in march. you may not be sitting here. >> thank god for small miracles. >> you published an opinion piece in "the wall street *" this week where you say that america is that a crisis point. can you explain that to? >> i think we are at a fiscal and economic cliff. i think we have pursued government spending programs that have created a debt that is out of control. at the convention come after talking, i went home to my hotel at 1:30 a.m. and i was looking on my iphone at twitter. and the comedian paula pound stone had sent a tweet that evening. i don't know her, but she said " ted cruz

to really provide stimulus for this economy. we don't have an energy policy and have not had a budget in three years. as a result, businesses are waiting to see and what happens with the election and waiting to see what their lives will look like, the tax rates, regulation, etc. they are upheld by the health care expense, so they're waiting until after the election to decide if they will hire new workers and put new money to work. we really aren't in standstill mode in the u.s. economy right now. caller: another story -- i want to ask you about using the word "brace." guest: i think the president has had an antagonistic relationship with business. i think that's pretty clear. over the last several months he did lose the independent vote and the business vote. if the numbers show that he is actually winning, i could understand that now they are disappointed, because they were counting on some competition. but i don't think you can really tell right now. it's hard to know how accurate the polls are. in some cases i think the media is pulling democrats and other cases people don't necess

of energy into that. why shouldn't they have the same energy and exposure side-by-side with you and mr. sadler as before the primary? >> we are debating here today. we will debate in a couple of weeks. in the meantime, i am on the road in a different city between just about every day between now and election day. >> but why can not we have another debate? why not the one in houston? what are you afraid of? >> i am focusing on supporting our campaign. that is what we're doing. i'm listening to the voters of campaign -- tx. >> you can build the support in a debate. >> we agree to this one. look -- i understand you are working very hard to get media coverage. it is not our obligation to help you in that. you can go convey your message to texas voters. i am conveying mine. >> is your obligation to face the voters of texas. >> i am doing that. >> as you said, state by tv, is the critical point. you have had the opportunity. even for the tea party debate, which she would not do. why what he faced me now? >> we are sitting here right now. you can launch every attack you want to right now, on

our oil imports in half by 2020, produce more american make energy from oil, natural gas, clean coal, biofuel. ladies and gentlemen, a lot of people do not understand this. i love to hear them talk about their energy policy, which is thrilled they be drilled. -- drill, baby, drill. there are more oil and gas rigs pumping today that all of the rest of the rigs in the entire rest of the world. that is why we are importing less than we have in decades. that is why we are in the position we are moving in. there is and exponentially -- exponential supply of natural gas if done right and real energy available in this country. the voted against it. we doubled the fuel economy standards for cars and trucks by 2025. [cheers and applause] by the way, that will save 12 billion barrels of oil over the period of time. i do not know how they do not think conservation is part of it. they do not know. third, we are going to maintain -- right now, there is a study pointing to the most productive workers in the world. they are american workers. there are -- they are three times as productive as our fr

't exploited the full potential, we have alternative source of energy like solar energy or wind energy, we have agricultural output that we don't take advantage of, so there are ma so many resources and opportunities in greece, it's not a matter of the private sector doing poorly or a lack of resources, but it's rather how the state is operating, we have a big public sector as you know, we have tax evasion and we have no privatizations. if we change these things if we're not a state controlled economy but instead a private controlled economy we can see a different picture and to me by staying in the european union this is where we should concentrate. it's not how much you value the currency or you divide the labor cost but what kind of economy you are, where you wish to go. >> that's similar to the debate we seem to be having here in the united states. thanks so much for joining us this morning and congratulations on your deal and good luck with it. >> thank you very much. >> thanks for playing, sam. that was helpful. good to have you on the set. >> just look at that shot, crumbling infrastruct

like the energy more than we like the materials. so i think that is one thing that we're looking at in terms of sectors. health care looks very cheap, although with good reason given all the regulatory uncertainty here with the election coming up. yeah, so that's basically it. >> all right. thanks, everybody. we appreciate it. see you soon. we're in the final stretch here. just 12 minutes before the closing bell sounds. we're at the lows right new with the dow down about 86 points. >> coming up, it's all anybody's been talking about, that blown call that decided the packers/seahawks gain me by a replacement ref. why some don't think it will do a thing to end the referee lockout. someone who knows all too well is going to explain coming up. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a

to regions. and let's get going. together. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. >>> all right. don't mind us. 25 minutes after the hour. minding your business this morning, u.s. stock futures are up. this is welcome news after the s&p 500 closed lower for the fifth straight day yesterday. that's right, it was all zpoom gloom, because of concerns about europe, particularly greece and spain as protesters hit the streets in athens and madrid, still going on there. not getting any better. christine romans is here to talk a little bit more about that. hey, good morning. >> good morning. those pictures were really frightening, weren't they? and a lot of people on wall street were watching those, because we're very concerned about what's happening in europe. and also here, concerned

before we get going on that. how much of an impediment as well is oil and energy prices going to be? it's still high bearing in mind the weakness of the global economy. >> it's a straggling problem with gasoline prices over here. two months in the average price of gasoline per gallon was what 2.44 and -- sorry, 3.44 now up to 3.84. and around the northeast here, we're paying well over $4 a gallon. so it is an impediment. it's only 11% of overall retail consumption. so i think we've largely gone over that sticker shock. we've become accustomed and i think consumers compensate for that in the wage packet. >> all right. andrew, stick around. more to come from you. we'll dig in to the housing market a little bit later. also still to come, we'll bring the latest on the education nation summit. >> and we'll preview president obama's speech at the u.n. general assembly. >>> welcome back. here are the headlines. caterpillar cuts it forecasts and merkel says sharing debt won't solve it crisis. draghi will be delivering the key note speech. >> and president obama set to address the u.n. general a

the president is firm on energy quality or they can stay on their parent's health insurance plan until the age 26. those are the big differences between 2008 and now, and that's what we're hearing all over the country no matter where we go, and it's certainly been inspiring for those of us who have the chance to go to all these states on behalf of the president. >> kal, how do you make an impact here? i mean, people sometimes -- do they look at you and see the movies and think stoner? i mean, how did you get involved in politics? >> it's a very good question. i ask myself that a lot. i am politically an independent. i love the fact that we've got the chance to make all those crazy movies. i talk about this a lot. in 2007 i had a bunch of friends who were really struggling. i had a buddy who i talk about from time to time who i had to make this crazy decision whether he was going to get eyeglasses to see the board or buy his textbooks one semester in community college. i know folks that were discharged under the don't ask, don't tell policy. met tons of young people that didn't have access to h

'putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a rl difference. ♪ doesoidoesone give yr real. .all day batterlife ? a rl difference. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, droid does. get $100 off select motorola 4g lte smartphones li the droid razr. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get the. the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >>> president obama and i both caer poor families. the differce imyic m tste them. we shouldn't measure compassion by how many people are on welf

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